Rossell India's Stock Hits 52-Week Low Amidst Underperformance in Tea/Coffee Industry

Rossell India, a microcap company in the tea/coffee industry, has recently hit a 52-week low on October 7th, 2024. The stock has been underperforming the sector by -2.36% and has been on a consecutive fall for the last two days, with a -7.17% return during this period. Today, the stock opened with a loss of -3.41% and touched an intraday low of Rs 108.95, a decrease of -6.04%.

Rossell India's performance over the past year has been significantly lower compared to the overall market, with a -78.32% return, while the Sensex has seen a 24.14% increase. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

MarketsMOJO has given a 'Sell' call for Rossell India, indicating a negative outlook for the stock. This news may be concerning for investors, but it is important to note that this is a fact-based analysis and does not include any external data or expert opinions. As a microcap company, Rossell India may be more susceptible to market fluctuations and it is important for investors to do their own research and make informed decisions.